Filing Flows › Nebius Group N.V. (NBIS) › Q1 2026 › vs Q1 2025
Nebius Group N.V. (NBIS) Q1 2026 vs Q1 2025 (year over year)
Nebius Group N.V.'s revenue rose $344M (+622%) from $55.3M in Q1 2025 to $399M in Q1 2026.
Nebius Group N.V., Q1 2026: revenue $399M (+622% year over year), operating margin -32.1%, net earnings $621M, operating cash flow $2.3B. The chart draws each line against Q1 2025, the increases inside each band.
Every line
| Line | Q1 2026 | Q1 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $399M | $55.3M | $344M | +622% |
| Other income, net | $743M | $16.8M | $727M | 44× |
| Income tax benefit | $5.8M | −$900K | $6.7M | — |
| Costs & expenses | $1.1B | $186M | $962M | +518% |
| Operating costs | $527M | $185M | $342M | +185% |
| Net earnings | $621M | −$114M | $735M | — |
| Cost of revenue | $104M | $29.5M | $74.3M | +252% |
| Research & development | $67.4M | $40.0M | $27.4M | +68% |
| SG&A | $144M | $66.1M | $77.7M | +118% |
| Depreciation & amortization | $212M | $49.2M | $163M | +331% |
| Depreciation & amortization | $212M | $49.2M | $163M | +331% |
| Share-based compensation | $35.3M | $0 | $35.3M | — |
Questions
How much did Nebius Group N.V.'s revenue grow year over year in Q1 2026?
Nebius Group N.V.'s revenue rose $344M (+622%) from $55.3M in Q1 2025 to $399M in Q1 2026.